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20110701
20110731
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the talks by vice president biden. the majority leader represented house republicans, jon kyl for senate republicans, and that vice president. they have been talking about all lot of cuts, both to discretionary and non- discretionary spending, but there the problem is that it does not seem to add at to what they would need to meet the president's requirements to get the country through the next election. that would be somewhere in the area of $2.4 trillion increase in the debt ceiling. john boehner has made it clear that for any increase in the debt ceiling, they will not need more than a one-one increased ratio. quite frankly the democrats have not agreed to that level of cuts. it looks like they will go back today, scour potential areas of saying that they have talked about, and see how much they can agree to and go from there. agree to and go from there. host: in your article from yesterday's with the headline " boehner tells conference big deal no longer operative," you said that there were criticisms for the grand bargain. he pays -- he faced opposition from eric cantor. they presen
are not? >> no, i it does not. as jon kyl has reported to you on the endless discussions that have gone on, we have become increasingly pessimistic that we will be able to reach an agreement with the only person in america and consign something into law, and that is the president of the united states. this is not my first choice. my first choice is to get an agreement with the president to significantly reduce spending. and we will continue to talk to them about that in the hopes that we can get there. that is what we think is the single biggest problem. >> what would you and republicans agreed to essentially raising the debt ceiling without getting our spending cuts? >> what we are not going to be of party to in the senate, i am pretty confident, it is the fault for the only way you can get an agreement that actually achieve something is when the president signs it. to actually reduce spending requires not just republicans, but a democratic senate and a democratic president. and we're still hoping to achieve spending reductions that he will sign. that is our first choice. i am going to ta
the speeches from this weekend, the speech speeches from- president obama and senator jon kyl of arizona. >> the plan would force us to relive this crisis in a few short months. it would hold washington captain to politics once again. that is not acceptable. any solution to avoid default must be bipartisan. it must have the support of both parties that were sent here to represent the american people. not just one faction of one party. there are multiple ways to resolve this problem. congress must find common ground on a plan that can get support from both parties in the house and the senate. it has got to be a plan i can sign by tuesday. the parties are not that far apart. we have agreement on how much needs to be cut to reduce our deficit. we have agreed on how to tackle entitlement reform. there are plenty of ways out of this mess. there is little time. we need to reach a compromise by tuesday so that our country will have the ability to pay its bills on time. bills like contract we have signed with thousands of american businesses. if we don't, we could use our -- lose our country's a
-reduction legislation today. let's hear from milton, florida, waiting for president obama. this is jon on our independents line. caller: hello. i am disabled, and i am in a drug program. people are peeing dirty in the program and tax payers are paying for this. but ok, it is not fair to the ones that are trying. they're clean and in doing right. another thing is ssi. people do not pay into ssi. they never work. and they never paid into it. nine times out of tin, there drug users. they use their money for drugs. host: all right. we will let you go there. kentucky, james. what is the name of your city? caller: i live in hillview, a suburb of louisville, ky. host: all right, what is the way forward here? the house has stalled and the senate this waiting. caller: it is simple. if we had a president like truman or like clinton, he would not hesitate in an emergency like this to use the 14th amendment. that is what if it is therefore, for emergencies. this country is in an emergency now. if we default, it'll be the president's fault for not having the guts to use the 14th amendment to solve this pr
'm the senate republican whip jon kyl of arizona. by now, but americans the lawmakers are engaged in a difficult debate about the debt ceiling, the legal limit to the amount of money the federal government can borrow. the debt ceiling is currently set at a little more than $14 trillion and if the congress and the president don't reach an agreement to raise it by tuesday, the treasury secretary tells us america will no longer be able to pay its bills. the consequences of missing this deadline could be severe. it is precisely because of washington barrault's so much money, more than 40 cents out of every dollar spent. spending would have to shrink by 40% quickly. what is more, markets would likely respond, dropping in value and hurting their retirement savings of millions of americans. republicans have tried to work with democrats to avoid this result and put our country on a better path, but we need them to work with us. we start from the understanding that the reason the debt ceiling is a problem is because of runaway washington spending. republicans have been united in the belief that raising t
house? guest: mitt romney and jon huntsman, because they are the moderates in the field. mitt romney was a good governor of massachusetts. i actually think that on the whole, anyone of the plausible candidates is a real threat to the white house. unemployment is near 9%, job growth is slow, income growth is slow. the economic fundamentals shows that the white house should be worried about winning reelection next year. regardless of who is the gop nominee. host: there is a story in the politico that herman cain's top staff in iowa has resigned. guest: he also lost his new hampshire staff so that is a trend. her manner crane only reported $2.5 million raise, including a lot of seed money from his own personal fortune. the operative said he had hired, good people that know the system, looked at his campaign and decided that this was no longer of that they wanted to make. guest: i agree. herman cain was a boutique candidate. he impressed a lot of people but when push came to shove, no one wanted devoted -- wanted to vote for him. host: carolyn sacramento, thank you for waiting. caller: w
leader represented house republicans, jon kyl for senate republicans, and that vice president. they have been talking about all lot of cuts, both to discretionary and non- discretionary spending, but there the problem is that it does not seem to add at to what they would need to meet the president's requirements to get the country through the next election. that would be somewhere in the area of $2.4 trillion increase in the debt ceiling. john boehner has made it clear that for any increase in the debt ceiling, they will not need more than a one-one increased ratio. quite frankly the democrats have not agreed to that level of cuts. it looks like they will go back today, scour potential areas of saying that they have talked about, and see how much they can agree to and go from there. agree to and go from there. host: in your article from yesterday's with the headline " boehner tells conference big deal no longer operative," you said that there were criticisms for the grand bargain. he pays -- he faced opposition from eric cantor. they presented a united front before the gop conference whi
Search Results 0 to 6 of about 7